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Annual Resu l ts

For the Financial Year Ended 30 June 2013

Managing Director & CEO: Paul Dalgleish

Chief Financial Officer: Andrew Walsh

Record Profit Record Revenue Record Cash Record Year

22 August 2013

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Del iver ing Returns To Shareho lders

EBIT Increased

24%

NPAT Increased

37%

Revenue Increased

8%

Revenue - $M EBIT - $M Net Profit After Tax - $M

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Del iver ing Returns To Shareho lders

EPS Increased

38%

Total Dividend Increased

32%

Net Cash Increased

$40M

Net Cash/(Debt) Earnings Per Share – cents Dividends

(cents per share – cps)

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Tota l Shareho lder Returns ( “TSR”)

• 555% increase in TSR since May 2009

• Compound annual growth rate (“CAGR”) from May 2009 of 57% p.a.

• Institutional shareholding at 65%

• Member of the S&P/ASX 300 Index

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• Sales revenue up 8% to $875.2M

• Earnings before Interest and Tax (“EBIT”) up 24% to $43.8M

• Net Profit After Tax (“NPAT”) up 37% to $37.3M

• Cash of $85.6M and no debt

• Final Dividend of 5.75 cents per share fully franked

• Three year Total Shareholder Return (“TSR”) of 197%

• Current Order Book $835M*

• Operating margins improved to 5.0%

• LTI Frequency Rate reduced to 0.36, on increased activity

• Earnings per share up 38% to 28.3 cents

* Includes RCR Infrastructure

Margin Target Achieved

5%

EBIT Increased

24%

Earnings per Share

38%

High l igh ts

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FY13 F inanc ia l Per formance

RCR’s Off-Site Repair (OSR) facility, Western Australia

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Earn ings

• Achieved EBIT margins of 5.0%

• Earnings are post one off transaction costs of $1.6M

• Effective tax rate 19.1% reflects R&D spend

• Continued strong recurring revenues

• Dividend payout ~30%

• Final Dividend declared at 5.75 cps

• Record Date 12th September 2013

• Payment Date 4th October 2013

FY13 FY12

$M $M

Revenue 875.2 808.7

EBITDA 58.6 50.5

Depreciation (11.0) (11.2)

Amortisation (3.9) (4.0)

EBIT 43.8 35.3

EBIT % 5.0% 4.4%

Net Interest 2.3 (1.0)

EBT 46.2 34.3

Tax (8.8) (7.1)

NPAT 37.3 27.3

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Cashf low

• 100% cash conversion of EBITDA

• Operating cashflow of $70.5M

• Further improvements in Working Capital despite reversal of advances on major projects

• Capital investment $11.9M includes workshop development, IT and new machining centres

• Net cash balance is higher at $95.8M including acquisition loan, repaid in August

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Balance Sheet

• Continued increase in Net Tangible Assets

• Return on Capital Employed improved to 15.7%

• Working Capital excluding loan to Norfolk at $7M

• New Facility agreement with CBA*

• Term Debt $110M

• Bank Guarantees $120M

• Overdraft $50M

• Funds used in Acquisitional Growth

* Shareholder vote required at AGM

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RCR Future Bus iness St ruc ture

• SMP construction

• Underground construction

• Mechanical installation

• Shutdowns

• Materials handling equipment

• Apron feeders, Belt feeders

• Radial stackers

• Mobile mining equipment

• Off-site repair

• Power and energy plants (HRSG,

turbine, geothermal, biomass)

• Combined Cycle Power Plants

• Packaged boilers

• Conventional and renewable fuels

• Burners, heaters and combustion

systems

• Servicing and maintenance

• Laser cutting

• Rail signalling and overhead wiring

systems

• Power generation, transmission &

distribution systems and generator

maintenance

• High voltage cabling, switchboards and

process control instrumentation

• installation and maintenance of

mechanical engineering and air

conditioning

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• RCR acquired Norfolk through a Scheme of Arrangement

• Price of 48 cents per Norfolk share: Total consideration of $78M

• Enterprise Value $140M

• RCR’s own cash at bank and committed acquisition debt finance from CBA

• Transaction concluded on the 31 July 2013 - post balance sheet event for RCR

• Management team appointed: Focussed on integration and turnaround activities

Transact ion Overv iew

Transaction Overview

Consideration

Funding

Salients

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RCR In f ras t ruc ture

• Market Leader with strong brands

• Diverse market exposure

• Annual Revenue (FY13) of $939M

• Strong Order Book

• 3,000 Personnel - Australia, New Zealand, Asia

A leading electrical and communications engineering solutions provider. Constructors who design, build and maintain 'mission critical' infrastructure.

A leading mechanical engineering solutions provider.Delivering technically, environmentally and geographically complex projects.

A leading provider of technical facilitiesand property management services.Offering a complete suite of integratedfacilities management services.

FY13 Revenue: $606M FY13 Revenue: $264M FY13 Revenue: $69M

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• Increases earning diversification across Engineering and Construction Sectors

• Earnings accretive in first full year of ownership

• Large infrastructure client base

Stra teg ic Rat iona le

Revenue Diversification

Based on FY13 financial information for RCR Based on consolidated FY13 financial information for RCR and Norfolk

18%

50%

13%

19%

RCR Revenue By Sector | Pre-Acquisition

Mining

Resources

Power

Energy

34%

57%

9%

RCR Revenue By Sector | Post-Acquisition

Resources

Infrastructure

Energy

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• Annual Revenues in excess of $1.8 billion*

• Balanced exposure to Infrastructure and Resources sectors

• Earnings accretive in FY14

• High degree of recurring revenue

• Around 6,000 personnel with significant offices in all capital cities and major regional locations

• National business plus improved critical mass in New Zealand and Asia

• Post acquisition Net Debt** of $50M and Debt to Equity ~20%.

* Based on RCR and Norfolk FY13 Revenue

** As at 31 July 2013

Overv iew | Post Acqu is i t ion

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Review o f Opera t ions

Construction & Installation at Atlas Iron’s Utah Point facility, Port Hedland Western Australia

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RCR Min ing

RCR designed-and-supplied radial stackers, Port Hedland, Western Australia

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RCR Min ing

Performance

• Revenue relatively flat due to project mix

• EBIT margin improved to $15.9M and 9.4% - productivity and project delivery improvements

• Activity included Stockpile reclaim systems for Atlas Iron

• First project completed for Offshore Oil and Gas sector with refurbishment of FPSO swivels

• OSR projects included refurbishment of a large conveyor tripper for BHPB and a 150 Tonne Coal Hopper for Xstrata

Prospects and Outlook

• Announced exclusive Technology partnership with Kopex FAMAGO for full range of Surface Mining and Bulk Materials Handling Equipment

• Preferred tenderer on In Pit Crushing and Conveying (IP2C) solution for Iron Ore major

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RCR Energy

Completed Heat Recovery Steam Generators, Sino Iron operations, Western Australia

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RCR Energy

Performance

• Margin increase due to improved project delivery

• Secured orders from Industrial process operators for new boiler plant for Westland Co-Operative Dairy Company Ltd., in New Zealand and for Nestlé in the United Kingdom

• Successful delivery of all HRSGs to BHPB Yarnima project

• Successful delivery of the new boiler for Fonterra’s Darfield plant in New Zealand

Prospects and Outlook

• Targeting Combined Cycle Power Plant – Singa Corporation

• Major Refurbishments and Shutdowns – PacAl and Alinta

• HRSGs and Boilers for steam generation – Thai Oil

• Biomass Energy projects in Australia, PNG and S E Asia –Aligned Energy

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RCR Resources

Aerial view of the Firetail Ore Processing Facility, completed in April 2013 at Fortescue’s Solomon Mine. Image courtesy of

Fortescue

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RCR Resources

Performance

• Sales increased to $449M

• Margin increase reflects higher Sales

• Extended scope in the year at Newcrest’s Cadia East and awarded similar work scope in Queensland

• Solomon team at ~1500 targeting early completion of Kings Valley Ore Processing Facility

Prospects and Outlook

• Further organic growth opportunities in iron ore – Roy Hill

• Build on opportunities in LNG and CSG – Up Stream CSG, Gorgon, Macedon and APLNG

• Resources and ODG targeting combined SMPE&I projects

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RCR Power

E&I works at Firetail Ore Processing Facility. Image courtesy of Fortescue

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RCR Power

Performance

• Increased revenue to $119M

• EBIT improved to $6.3M on increased activity

• Secured Framework Agreement for BHPB and received initial contract award

• Currently ~300 E&I workforce on the Kings Valley OPF

Prospects and Outlook

• Major projects in resources are moving into E&I phase

• Growth in Services for Sustaining Capital works

• In Pilbara for Iron Ore majors

• Queensland for Coal

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Susta inab i l i ty

RCR employees at the opening of the Firetail Ore Processing Facility, April 2013

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Safe ty and Qual i ty

Performance

• LTIFR reduced by 45% to 0.36

• TRIFR reduced by 60% to 5.68

• All Injury Frequency rate (AIFR) reduced by 56%

• Leading Indicators

• 530,420 Stop & Think actions completed

• over 18,500 Tool Box & Pre-start meetings held

• over 23,500 Unsafe Acts Preventions

• over 24,500 Job Safety Analyses conducted

Achievements

• 9 Years LTI Free - RCR Mining, Bunbury WA

• 8 Years LTI Free - RCR Resources, Gladstone QLD

• 5 Years LTI Free - RCR Energy, New Zealand

• >95% of RCR operations LTI free

• RCR maintained certification for Oil & Gas ServicesFor

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Our Peop le

• Workforce continues to grow in strength and diversity

• Built on experienced professional staff

• Highly skilled tradespeople

• Network of trades-based workshops

• Commitment to employing our own people improves

• Safety

• Quality

• Productivity

• Maintained a stable industrial relations environment

• 127 Apprentices and Trainees

• Continued focus on increased diversity of the workforce

• Targeting 10% indigenous workforce on Solomon

• Female workforce increased to 296

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Stra tegy & Out look

Bucket-wheel Excavator, part of the Kopex FAMAGO range of surface mining equipment distributed by RCR under exclusive

licence

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Stra tegy & Out look

RCR will continue to deliver on strategy outlined in 2010

• Our clear objectives:

• Provide services direct to customers as prime contractor

• Target larger project opportunities

• Leverage IP-rich businesses into delivery of turnkey solutions

• Diversify revenue through Technology based Infrastructure

Progress

• RCR’s strong balance sheet provided the capacity to target growth through acquisition

• Technology partnership agreement signed with Kopex

Specific initiatives for FY14 include:

• Integrate acquisition into RCR and recover profitability

• Target further large projects in Energy, Resources & Infrastructure

• Continue tendering for applications of our IP2C technology

• Further grow Energy business in SE Asia

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Disc la imer

This presentation and any oral presentation accompanying it has been prepared by RCRTomlinson Ltd (“RCR“ or the “Company”). It should not be considered as an offer or invitation tosubscribe for or purchase any securities in the Company or as an inducement to make an offer orinvitation with respect to those securities. No agreement to subscribe for securities in the Companywill be entered into on the basis of this presentation.

This presentation contains forecasts and forward looking information. Such forecasts, projectionsand information are not a guarantee of future performance, involve unknown risks anduncertainties. Actual results and developments will almost certainly differ materially from thoseexpressed or implied. RCR has not audited or investigated the accuracy or completeness of theinformation, statements and opinions contained in this presentation. Accordingly, to the maximumextent permitted by applicable laws, RCR makes no representation and can give no assurance,guarantee or warranty, express or implied, as to, and take no responsibility and assume no liabilityfor, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission,from any information, statement or opinion contained in this presentation.

You should not act, or refrain from acting, in reliance on this presentation material. This overview ofRCR does not purport to be all inclusive or to contain all information which its recipients mayrequire in order to make an informed assessment of the Company’s prospects. You should conductyour own investigation and perform your own analysis in order to satisfy yourself as to the accuracyand completeness of the information, statements and opinions contained in this presentation beforemaking any investment decision.

www.rcr tom.com.au

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